After a hot summer, IPOs have cooled considerably this fall on the heels of hurricanes, rising interest rates and a scandal surrounding Refco.

A-Max Technology, which held promise as a rare entry from the tech sector, was postponed in recent days.

Still, the IPO market has attempted to fight its way back with a flashy debut of the CBOT
BOT, +18.01%
and a fresh IPO from San Francisco-based investment bank Thomas Weisel Partners Group.

China Construction Bank Corp. IPO reigns

A $6.5 billion initial public offering in Hong Kong from China Construction Bank Corp. has nearly tripled the proceeds of the U.S.'s richest IPO, a $1.6 billion IPO from chemical firm Huntsman
HUN, -0.10%
The IPO ranks as the largest in 2005 globally.

Morgan Stanley
MWD, +0.25%
will receive $80 million for advising China Construction Bank on the IPO, the Financial Times reported.

China Construction Bank shares priced Friday for their debut on the Hong Kong exchange. Morgan Stanley, China International Capital. and CS First Boston were the deal's joint bookrunners.

NCI priced near bottom of range

NCI Inc. priced near the bottom of its $10 to $12 range in a bid to stoke demand. The IPO was expected to trade Friday, but its debut has been moved to Monday, Legg Mason said.

The company designs secure information-technology systems and networks through four divisions: network engineering; information assurance; systems development and integration; and enterprise systems management.

"A majority of our revenue is derived from the delivery of mission-critical IT services to defense and intelligence agencies," the company said. "We believe our diversified and stable client base, strong client relationships, broad array of contracts and significant management and operational capabilities position us to continue our growth."

NCI reported net income of $4.7 million and revenue of $94 million in the first six months of the year, up from net income of $2.6 million and revenue of $81 million in the year-ago period.

Walter Industries plans Water Product IPO

Walter Industries
WLT, +2.17%
shares rose as much as 6% to $47.80 Friday after the company set plans to offer shares of its Water Products Business in an initial public offering.

The IPO is expected to take place early next year, with a subsequent tax- free spinoff to Walter shareholders.

The recently acquired Mueller Water Products and Walter Industries' U.S. Pipe and Foundry businesses constitute the company's water-products unit.

Saifun Semi files $108M IPO

Saifun Semiconductors Ltd., an Israel-based tech firm, on Friday filed for an initial public offering in a bid to raise about $108 million.

The memory-cell maker plans to offer 5 million shares at $20.50 to $21.50 a share, with underwriters Lehman Brothers and Deutsche Bank Securities.

Saifun plans to trade on the Nasdaq under the ticker symbol "SFUN." Chief Executive Boaz Eitan owns about 51% of the company.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.